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countries, seen for retaliation for a new law in the u.s. that seeks to punish russians for human rights violations. the ban will take effect on january 1st, that's really right away it would halt all new adoptions and end those already in progress. incredible. a lot of families in the process of adopting children in russia. >> those poor kids. >>> want to move on to the weather. lots of snow, wind, hail everywhere across the u.s. the storm that brought snow and spun off tornadoes is still not over. ten deaths blamed on the storm. more than 2,400 flights have been canceled. it could dump more snow on new england and upstate new york today. boy, they don't need that. bonnie schneider with a look at the forecast. good morning. >> good morning. the storm we've been talking about is working its way to extreme northeastern new england. it is hitting canada hard. quebec is getting more snow. i mentioned yesterday that cold air would come in behind the system. it sure has. scranton at 26. below freezing in new york city at 31. just to let you know, it's not over yet. a brand new storm system se
in the united states is due to this one particular law passed in the 980s. -- 1980s. okay, then how does that account for rising income inequality in canada or, indeed, even in france, in germany, in the united kingdom? i mean, it's happening all over the world, it's also happening in emerging markets. but i think it is important to face that scary because if you see it just as a political phenomenon, you know, you're going to lose sight of what i think is the biggest challenge which is that these, actually, quite benign economic forces, right? i love the technology revolution, i'm a google addict. they're also drivers of social and political consequences which are not quite so benign. the way i like to look at it, and this is a quote from peter orszag, is, you know, how he sees it is he said, look, the big drivers are probably these economic forces, but the issue is that particularly in the united states the politics instead of trying to mitigate these very powerful economic forces has exacerbated them. so even as you have these economic forces creating much, much more concentration at
. jefferson himself said that the duty of a magistrate is to the line of the law, but it is not the highest duty. that the survival and success of the country is your highest obligation. one person's imperial president i is another person's hero. one person's tyranny is another person's brilliant reform. part of what we have to struggle with from age to age in america is realizing that some generations there's going to be an excess of power useed in a way -- used in a way in which we approve, and in some generations there's going to be an excess of power used in ways which we would fight to the death against. but that's the way history has unfolded. and jefferson was on the right side of that in the very beginning. i want to talk about three quick lessons that i think all of us can, particularly our second term, early second term president might be able to take from jefferson. one goes to louisiana which is you need to be daring. jefferson understood that the political clock wasn't like a normal clock, it moved faster. ing as the president's clock ticks even in a first term, everybody else
and the next election, jackson had gone around the country, building a popular majority in getting laws changed from state to state to state in which providing for universal white male suffrage, which took a vote out of the hands of property owners and give it to barbarians as john quincy adams may say. the bank if there was a deal with clay in 1824, was that ethical bystanders of those days and retrospectively by our standards? >> is certainly what is ethical in those days. he took a lot of flak for it, but the choice in his mind was to turn the country over to a barbarians who couldn't write his name, who had violated the constitution that will turn the word of 1812, con into massacre in the seminal sender and enduring whatever he felt like doing. he did not want to see this man president. >> one point in the book he described a bit of a crouch. teaching to afflict him as a person? >> yes. >> there is some time travel involved. >> all of us are brooches at times. he did not suffer fools, so you would be grouchy. i was grouchy last night when romney said we have fewer ships today than we had i
'll see estate taxes go up, investment taxes go up. there is an endless list of expiring provisions of law that will, in fact, expire if nothing is done. and i think even if something is done at this point, what you're looking at is something very scaled back, something very small and congress will have to come back next year and take a look at trying to get to some of those other issues. >> alistair here. that sounds about right to me, assuming that that scenario is how things play out. what sort of impact medium term do you think this is going to have on consumer and corporate confidence in america, given that the fiscal cliff is clearly weighed heavily on both of those in recent months? >> the sad thing, you know, from an observer's standpoint here is that there isn't much corporate or consumer confidence in the american government. and it's proved itself dysfunctional time and again over the last couple of years. what you hear now is not how people believe that there's going to be some last-minute deal, but how they remember the times that the t.a.r.p. bill, the fiscal bailout a few ye
Search Results 0 to 4 of about 5